Disney strikes deal to distribute movies to Chinese cable viewers

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US film giant Warner Bros announced it struck a groundbreaking deal to offer its films on pay-per-view television in China via cable and online.The distribution agreement will make Warner the first US studio to offer films on demand via television nationwide in China, a huge expanding target market for the struggling US movie industry.Through the YOU On Demand service, eventually up to 200 million households will be able to access Warner Bros.' new release and catalog films from this summer, the entertainment giant said in a statement.

US film giant Warner Bros announced it struck a groundbreaking deal to offer its films on pay-per-view television in China via cable and online.The distribution agreement will make Warner the first US studio to offer films on demand via television nationwide in China, a huge expanding target market for the struggling US movie industry.Through the YOU On Demand service, eventually up to 200 million households will be able to access Warner Bros.' new release and catalog films from this summer, the entertainment giant said in a statement.

World Cup soccer coverage and worldwide success of three of its films boost the entertainment giant's bottom line. ESPN's World Cup soccer coverage and the strong box-office performance of films including Disney/Pixar Animation Studios' "Toy Story 3" helped buoy Walt Disney Co.'s bottom line in the third quarter.

One executive that's a subject of speculation is Disney Channel President Rich Ross. Another John Lasseter, chief creative officer for Pixar and Disney Animation Studios. Walt Disney Co.

The man behind the making of??Toy Story,??A Bug's Life??and??Finding Nemo,??Pixar??co-founder and??Walt Disney Animation Studios??president Ed Catmull, is looking to bid his park-like,??Kentfield, CA??estate farewell ? he has just listed the property for??$10.9 million. For the past twenty-six years??Catmull has been heading Pixar Studios,??and most recently been overseeing animated films at both Pixar and Disney alongside??chief ...